• twitter-icon

Search results for: IT Act

Kerala HC Judgment for Retired CA‘s Right to Practice

Kerala HC New Provisions for Retired ICAI CA’s Practicing Rights

The Kerala High Court besides held that the ICAI upon the retired CA’s right to exercise rules that ICAI acknowledges the retirement of the CAs from his past firms and permits the enrollment of his new firm will disrupt his right to practice. The applicant was the working partner of 3 member partnership on will […]

12 Percent GST on Services by the Sub-Contractor

Guj AAR: 12% GST Rate for the Work Contract Services from 25 Jan 2018

The Gujarat Authority of Advance Ruling (AAR), last week (on Saturday) ruled that 12% GST shall be applicable on the Service of Work Contract that has been allocated by the sub-contractor effective from January 25, 2018. In the aforesaid case, the applicant Messrs Kunal Structure (India) Pvt. Ltd. got into a contract for the constructing […]

GST Registration of M/s Om Trading Company Cancelled

GST: SCN to Petitioner Due to Failure of E-way Transaction Details

The Madhya Pradesh high court furnished that the failure to produce the needed credentials will go towards the revocation of the enrollment for the supply of goods. The petitioner is the owner of M/s Om Trading Company is a dealer registered under the Central Goods and Services Tax Act, 2017, and trades in selling and […]

GST Liability for Parking Fees from Staff

UP AAAR: Parking Fees at Workplace Attract GST, But at Nil Cost

Interestingly, It has been held by The UP bench of the Appellate Authority of Advance Rulings (AAAR) that though the parking fee paid by employees to the employer at the workplace is subject to GST as it comes within the domain of ‘supply of service’. However; subsequently, it put limitations to its statement. The reason […]

New Amendments for Corporate Social Responsibility Policy

Latest Changes in CSR i.e. Section 135 of Companies Act 2013

The MCA department has notified new rules namely Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022 whereby the department has clarified some of the provisions and also provided a revised format of CSR Annexure. The new rules have initiated new prerequisites like impact assessment of CSR contribution, the involvement of International Organisations for the purpose […]

GST Notices and Summons to Taxpayers

Tax Officers Send Summons to Taxpayers Under Section 70 of CGST Act

Through the present FY, a series of tax notices and summons has been sent to the assessee from the indirect tax council in Mumbai and some other tax zones in the country. The problems via letters and summons have related to the cases in which the assessee has chosen for the solution beneath the Sabka […]

Income Tax Filing Data for Salaried Class

Salaried Class Remained Less Active in Tax Filing in FY 2020

Towards the issue of the Indian economy, the people who have to earn up to Rs 50 lakh the majority of the salaries shrank in the Fiscal year 2020 despite prior to the pandemic has activated the recession income tax return filing data so far this year had posted. Towards furnishing the returns for FY […]

ITAT Order for Claiming Deduction of Gratuity

ITAT Bangalore: Subtraction of Gratuity Pay Before Appellate Authorities

The Income Tax Appellate Tribunal (ITAT), Bangalore court held that the taxpayer in concern to the entitled for availing a deduction of reward paid prior to the appellate authorities. The taxpayer is the owner of FNF India Private Ltd asked the issue with respect to non-grant of the deduction for gratuity amounting to Rs.17,87,315. AO […]

Details About Cost Audit and CRA-1 to 4 Forms

Cost Auditor, CRA 1 to CRA 4 Forms of the Companies Act 2013

For the appointment of Cost Auditor in the company, Section 148 of the Companies Act 2013 read with the Cost (Records and Audit) Rules 2014 states the following: Each company referred in item (A) of rule 3, i.e., of Regulated sectors which have the total yearly turnover of INR 50 crores or more of the […]

Follow Us on Google News

Google News

Latest Posts

Best Offer in 2026

Powering India's Taxation Experts with Innovation

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Genius Software